EMCOR Group, Inc. Declares Quarterly Dividend of $0.40 (NYSE:EME)

EMCOR Group, Inc. (NYSE:EME) announced a quarterly dividend on Thursday, April 2nd. Stockholders of record on Thursday, April 16th will be given a dividend of 0.40 per share by the construction company on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, April 16th.

EMCOR Group has increased its dividend by an average of 0.3%per year over the last three years and has raised its dividend every year for the last 5 years. EMCOR Group has a payout ratio of 6.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect EMCOR Group to earn $22.24 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 7.2%.

EMCOR Group Stock Performance

NYSE:EME opened at $812.83 on Tuesday. The firm’s fifty day moving average is $756.16 and its 200-day moving average is $690.91. EMCOR Group has a 52 week low of $356.97 and a 52 week high of $835.00. The firm has a market cap of $36.20 billion, a P/E ratio of 28.79 and a beta of 1.11.

EMCOR Group (NYSE:EME) last posted its quarterly earnings data on Thursday, February 26th. The construction company reported $7.19 EPS for the quarter, beating analysts’ consensus estimates of $6.68 by $0.51. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. The company had revenue of $4.51 billion for the quarter, compared to analyst estimates of $4.28 billion. During the same period in the prior year, the firm posted $6.32 EPS. The company’s quarterly revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. As a group, sell-side analysts anticipate that EMCOR Group will post 20.74 earnings per share for the current year.

Insiders Place Their Bets

In other EMCOR Group news, CEO Anthony Guzzi sold 36,000 shares of the company’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $729.48, for a total transaction of $26,261,280.00. Following the transaction, the chief executive officer owned 170,299 shares in the company, valued at approximately $124,229,714.52. This represents a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.26% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of EME. Great Lakes Advisors LLC raised its holdings in shares of EMCOR Group by 32.3% in the first quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company’s stock valued at $218,000 after purchasing an additional 144 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of EMCOR Group by 93.0% in the first quarter. Geneos Wealth Management Inc. now owns 220 shares of the construction company’s stock valued at $81,000 after purchasing an additional 106 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of EMCOR Group in the second quarter valued at about $459,000. Baird Financial Group Inc. raised its holdings in shares of EMCOR Group by 5.0% in the second quarter. Baird Financial Group Inc. now owns 5,820 shares of the construction company’s stock valued at $3,113,000 after purchasing an additional 275 shares during the last quarter. Finally, Bank of Nova Scotia raised its holdings in shares of EMCOR Group by 406.1% in the second quarter. Bank of Nova Scotia now owns 4,565 shares of the construction company’s stock valued at $2,442,000 after purchasing an additional 3,663 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

About EMCOR Group

EMCOR Group, Inc is a provider of mechanical and electrical construction, industrial and energy infrastructure, and facilities services to commercial, institutional and industrial clients. The company delivers a broad range of services that include design-build and traditional construction of mechanical, electrical and plumbing systems; ongoing facilities maintenance and operations; and specialized industrial services for sectors such as manufacturing, data centers, healthcare and utilities.

EMCOR’s service offerings encompass HVAC, plumbing, electrical installation and maintenance, fire protection, building automation and controls, commissioning, testing and balancing, and energy management solutions.